MoffettNathanson downgraded Lightspeed to Market Perform from Outperform with a price target of $17, down from $23. The firm says a near-term reacceleration of the company’s growth is unlikely.
Published first on TheFly
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Read More on LSPD:
- Lightspeed downgraded to Neutral from Outperform at SMBC Nikko
- Lightspeed announces planned departure of COO Brandon Nussey
- Lightspeed downgraded to Neutral from Outperform at Credit Suisse
- Lightspeed downgraded to Neutral from Outperformer at CIBC
- Lightspeed sees FY23 revenue at low end of $730M-$740M, consensus $733.15M
